Melbourne is currently contracted to host the Formula 1 Australian Grand Prix until 2015, but F1 Supremo Bernie Ecclestone is optimistic the event has a long-term future in the Victorian capital.

Speaking to the Australian Grand Prix’s ‘Keeping Track’ podcast this week, the CEO of Formula One Management said that keeping Melbourne on the calendar after 2015 remains a priority.

“We hope we’re going to be in Melbourne forever. We’re happy with Melbourne and I’d be happy to sign a 50-year contract. We don’t have a problem with Melbourne,” he said.

Ecclestone acknowledged that the event attracts negative comment from detractors but said that would play no part in negotiations to secure Melbourne’s future as a Grand Prix city.

“I understand we do get a little bit of criticism. I don’t know why. You start wondering are we really wanted in Melbourne?” he said.

“It appears to be [wanted] now; whenever these sorts of things happen I’m told don’t be silly about that, it’s just one or two people making a noise. We’re happy for Formula One to be there.”

In the interview with ‘Keeping Track’, Ecclestone addressed the prospect of the race moving elsewhere in Australia, the benefits for cities that host Formula One, and weighed in with his thoughts on who will win this year’s drivers’ World Championship titles.